Banking and Finance, M.Sc.

  • N/A
    Application Deadline
  • 12 months
    Duration
  • Tuition Fee
    19350 GBP/year
    Tuition fee
    11000 GBP/year
    Tuition fee
  • English
    Language

About

The modules are underpinned by the latest research and best practice, having been designed to equip you with up-to-date and relevant knowledge across a number of areas, including banking, finance and research methods.

The range of optional modules on the programme will enable you to specialise in areas of economics, banking and finance that best suit your career ambitions and interests.

Core study areas include financial economics, the financial system, research communication, research methods, asset management and derivatives, corporate finance, banking and financial markets, and further quantitative techniques.

Accreditation

Triple accredited business school (AACSB, AMBA and EQUIS)

The School of Business and Economics is one of less than 1% of business schools in the world to have achieved accreditation from all three major international accrediting bodies: The Association to Advance Collegiate Schools of Business (AACSB International), the Association of MBAs (AMBA), and EQUIS accreditation from the European Foundation for Management Development (EFMD).

For more information please visit our website.

Programme Structure

Semester 1

Compulsory modules

  • Financial Economics
  • Economic Data Analysis
  • The Financial System
  • Research Communication (two-semester module)

Optional modules (choose one)

  • Introduction to Measure Theory and Martingales
  • Macroeconomic Policy and Financial Markets
  • Economics of Firms and Markets
  • Stochastic Models in Finance

Semester 2

Core modules

  • Risk Management and Derivatives and/or Corporate Finance
  • Banking and Financial Markets
  • Applied Financial Econometrics
  • Research Communication (two-semester module)

Optional modules (choose one)

  • Applied Banking and Financial Modelling
  • Stochastic Calculus and Theory of Stochastic Pricing
  • International Money and Finance

Summer period

Students satisfy the research requirement by examined participation in research seminars. Subject to special conditions, students may submit a dissertation instead.

Detailed Programme Facts

  • Deadline and start date Application deadline and start date were not specified by the programme.
  • Programme intensity Full-time
    • Full-time duration 12 months
  • Languages
    • English
  • Delivery mode
    On Campus
Check if you match the admission requirements

English Language Requirements

You need the following IELTS score:

  • Minimum required score:

    6.5

    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    StudyPortals Tip: The UK government has confirmed new English-language testing requirements for visa and immigration purposes. Learn more

Academic Requirements

You need the following GPA score:

Required score: Upper Second Class

Applicants for graduate programs must have the equivalent of a bachelor’s degree with a minimum GPA equivalent to Upper Second Class on the UK Honour scale. Admitted applicants typically have an undergraduate GPA of or better on the UK Honour scale. No exam grade should be lower than 4.5 (European grade scale) or D (American grade scale).

Your GPA (Grade Point Average) is calculated using the grades that you received in each course, and is determined by the points assigned to each grade (e.g. for the US grading scale from A-F).

Upper second-class honours (2:1) degree or equivalent overseas qualifications in a subject which has a quantitative element. Good (2:1) grades in quantitative modules are required. Some previous economics is recommended.

StudyPortals Tip: Students should consider taking one of the Pre-Master's below. these courses will be necessary if:

  • You are considered ineligible for admission
  • You need to improve your academic, study, research or language skills
Search all Pre-Masters

Tuition Fee

  • International

    19350 GBP/year
    Tuition Fee
    Based on the original amount of 19350 GBP per year and a duration of 12 months.
  • EU/EEA

    11000 GBP/year
    Tuition Fee
    Based on the original amount of 11000 GBP per year and a duration of 12 months.

Living costs for Loughborough

540 - 620 /month
Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

A number of scholarships and bursaries are available (dependent on eligibility):

  • Student loans for master's degrees
  • Department-specific bursaries
  • Scholarships
  • Professional and Career Development Loans
  • External charities and trusts
  • Studentships
  • Research Council funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.